Blog

RBA May Still be on an Easing Trajectory

Australia’s central bank lowered its growth forecast, predicted higher unemployment and said it was prepared to adjust policy if needed as business spending fails to fire and China struggles with an economic transition. “The board will continue to assess the outlook and adjust policy as needed to foster sustainable growth in demand,” the Reserve Bank …

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RBA Remains Silent on Rate Outlook

Australia’s central bank trimmed its inflation and growth forecasts on Friday, yet highlighted green shoots in the economy and gave no clear indication that it would cut interest rates again anytime soon.  In its 70-page quarterly monetary policy report, the Reserve Bank of Australia (RBA) said weakness in business investment meant the economy would continue …

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AUD/USD Eases Below 0.79 as RBA Lowers Growth Forecasts

The Reserve Bank of Australia has lowered its growth and inflation estimates for 2015 and 2016, saying the economy will continue to grow at a subpar rate for a longer than expected period. In its 70-page quarterly monetary policy report, the RBA narrowed its growth forecast for 2015 to 2.5 percent versus 2.25-3.25 percent previously …

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My Interview with ‘Chat with Traders’

Recently I was interviewed by Aaron Fifield from chatwithtraders.com and he has now made this audio interview available.   Aaron wrote down the following list of ‘lessons learnt’ in this interview, as follows: Why a combination of time and perseverance will lead you to become desensitised with losing trades. By trading less, Stuart feels no pressure …

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